<< Read Full Article

Cisco Makes New Wireless Play

Stock quotes in this article: CSCO  

Cisco (CSCO Quote) says it will acquire closely held Cognio to bolster its wireless networking lineup.

The Germantown, Md., upstart makes radio wave analysis systems that help detect devices and sources of interference in wireless networks. The products are sold to businesses that operate WiFi networks or stores, as well as warehouses that use radio-frequency ID systems.

No terms of the deal were disclosed. Cisco expects to close the transaction by the end of October.

Cisco says the Cognio products will be added to its wireless networking unit. The company entered the wireless networking market in a big way with its purchase of Linksys four years ago. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,431.07 1,102.93 2,183.68 35.63
Oil *
71.37
UP
25.24
UP
0.58
DOWN
7.18
UP
0.81
10 Yr
3.56%
SPDR Gold
108.97
+0.24%
+0.05%
-0.33%
+2.33%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services